Speech by Piero Cipollone ECB board member on field of DLT technology
A keynote speech that has divided many economist and IT professional in field of DLT technology that ECB promotes, develop, test and support to create a digital asset. Without doubts financial markets are highly complex and sophisticated. That's why the cost in advanced economies are increasing. In the Symposium 7 October 2024 in Frankfurt on the Future of Payments event Piero Cipollone said. „There is one crucial dimension that has often been overlooked, and that is technology. My aim today is not to discuss how to create a capital markets union for traditional assets, but to discuss how to create one for digital assets from the outset. Although technology has undeniably helped facilitate the provision of financial services through electronic bookkeeping, for example, digital technology has so far failed to…